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Corsair Gaming (CRSR)
NASDAQ:CRSR
CRSR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.60 - $14.13
Previous CloseN/A
Volume167.09K
Average Volume (3M)704.94K
Market Cap
$958.53M
Enterprise Value$923.08M
Total Cash (Recent Filing)$25.64M
Total Debt (Recent Filing)$394.11M
Price to Earnings (P/E)―
Beta1.47
Next Earnings
Feb 11, 2025EPS Estimate
0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.91
Shares Outstanding104,700,370
10 Day Avg. Volume1,046,823
30 Day Avg. Volume704,940
Standard Deviation0.15
R-Squared0.27
Alpha-0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.73
Price to Cash Flow (P/CF)9.60
P/FCF Ratio8.50
Enterprise Value/Market Cap0.96
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.56
Enterprise Value/Ebitda-92.46
Forecast
1Y Price Target
$8.60Price Target Upside-3.15% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
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Bulls Say, Bears Say
Bulls Say
Business ExpansionCorsair closed the acquisition of Fanatec, which are sim racing products that Corsair will target towards premium consumer segments.
Market PerformanceThe peripherals market continues to show strength, up 80% versus pre-COVID periods and up 17% year-to-date, outpacing recent TAM growth.
Product LaunchThe potential early Q1 launch of refreshed gaming GPUs could stimulate meaningful demand for systems, components and peripherals.
Bears Say
Competitive PositionCorsair will have to prove to investors that it can rebuild market share in Components with the upcoming GPU refresh.
Financial PerformanceCorsair reported Q3 results that were below estimates and consensus on revenue and EBITDA, primarily due to mix shifts to lower-margin components.
Market ChallengesGamers are opting to buy less for computer builds, hold off, or trade down, affecting Corsair's sales and margin mix.
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Ownership Overview
3.57% Insiders
11.26% Mutual Funds
<0.01% Other Institutional Investors
72.63% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRSR FAQ
What was Corsair Gaming’s price range in the past 12 months?
Corsair Gaming lowest stock price was $5.59 and its highest was $14.13 in the past 12 months.
What is Corsair Gaming’s market cap?
Corsair Gaming’s market cap is $958.53M.
When is Corsair Gaming’s upcoming earnings report date?
Corsair Gaming’s upcoming earnings report date is Feb 11, 2025 which is in 12 days.
How were Corsair Gaming’s earnings last quarter?
Corsair Gaming released its earnings results on Nov 06, 2024. The company reported -$0.29 earnings per share for the quarter, missing the consensus estimate of $0.072 by -$0.362.
Is Corsair Gaming overvalued?
According to Wall Street analysts Corsair Gaming’s price is currently Overvalued.
Does Corsair Gaming pay dividends?
Corsair Gaming does not currently pay dividends.
What is Corsair Gaming’s EPS estimate?
Corsair Gaming’s EPS estimate is 0.16.
How many shares outstanding does Corsair Gaming have?
Corsair Gaming has 104,700,370 shares outstanding.
What happened to Corsair Gaming’s price movement after its last earnings report?
Corsair Gaming reported an EPS of -$0.29 in its last earnings report, missing expectations of $0.072. Following the earnings report the stock price went down -3.792%.
Which hedge fund is a major shareholder of Corsair Gaming?
Among the largest hedge funds holding Corsair Gaming’s share is EntryPoint Capital, LLC. It holds Corsair Gaming’s shares valued at 0.
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Corsair Gaming Stock Smart Score
Neutral
1
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$8.60 (-3.15% Downside)
$8.60 (-3.15% Downside)
Blogger Sentiment
Neutral
CRSR Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 17.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 8.5%
Last 30 Days ▲ 8.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.43%
12-Months-Change
Fundamentals
Return on Equity
-15.11%
Trailing 12-Months
Asset Growth
-10.12%
Trailing 12-Months
Company Description
Corsair Gaming
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mouse pads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals and gaming Components and systems.
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CRSR Company Deck
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CRSR Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture: strong growth in peripherals and strategic partnerships were overshadowed by declines in revenue, gross margins, and a significant net loss. Positive future expectations are noted, but current financial metrics indicate caution.Read More>---
CRSR Stock 12 Month Forecast
Average Price Target
$8.60
▼(-3.15% Downside)
Technical Analysis
Best Analysts Covering CRSR
1 Year
1 Year Success Rate
6/17 ratings generated profit
1 Year Average Return
-18.33%
reiterated a buy rating 21 days ago
Copying George Wang CFA's trades and holding each position for 1 Year would result in 35.29% of your transactions generating a profit, with an average return of -18.33% per trade.
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